It's official. After months of speculation, Days of Our Lives actor Stephen Nichols has confirmed his exit from the sudser on Instagram. According to Nichols:

While Nichols revealed he had problems with Patch's storylines, I'm hearing the actor decided to leave the role after contract negotiations broke down over money. "The show wanted to lower his guarantee and he refused," says an insider. "A lowered guarantee doesn't mean you will necessarily work less. Guarantees are being lowered at every show. Budgets are tight."